PYMNTS

OCTOBER 6, 2017

“Today, I approved rescission of the OCC’s guidance regarding deposit advance products, effective immediately,” acting Comptroller of the Currency Keith Noreika said in a press release. The CFPB’s payday rule, he added, “necessitates revisiting the OCC guidance.”. So Now What? And there are a few avenues.

CFPB 51

CFPB Regs Rules Credit Union 51

PYMNTS

OCTOBER 11, 2017

“The final rule published today will devastate an industry that serves nearly 30 million American customers each year,” noted Edward D’Alessio, executive director of the Financial Service Centers of America. million comments submitted. Banks need clear guidelines from a host of players. Unfortunately, they might have to wait.

Rules 43

Rules CFPB NCUA Credit Union 43

PYMNTS

OCTOBER 6, 2017

“Today, I approved rescission of the OCC’s guidance regarding deposit advance products, effective immediately,” acting Comptroller of the Currency Keith Noreika said in a press release. The CFPB’s payday rule, he added, “necessitates revisiting the OCC guidance.”. So Now What? And there are a few avenues.

Rules 40

Rules CFPB Credit Union Regulations 40